Bitcoin ETFs Pull in $347 Million as BlackRock and Fidelity Lead the Surge

U.S. bitcoin ETFs attracted $346.98 million on Wednesday, September 23, extending a five‑day streak of net inflows. The inflows were led by BlackRock’s IBIT, which added $166.29 million, and Fidelity’s FBTC, which contributed $143.24 million.

Bitcoin ETF Momentum

Other bitcoin funds also saw inflows: Morgan Stanley’s MSBT added $32.41 million and Ark & 21Shares’ ARKB brought in $5.04 million. No bitcoin ETF recorded an outflow. Daily trading volume across the sector reached $3.06 billion, and combined net assets closed at $108.66 billion.

Ether ETFs Continue Gains

Ether ETFs logged a fourth consecutive day of net inflows, totaling $104.63 million. BlackRock’s ETHA led with $50.80 million, followed by Fidelity’s FETH with $41.28 million. Grayscale’s ETHE added $4.30 million, while several other funds contributed a combined $12.35 million. Grayscale’s Ether Mini Trust was the only fund to post an outflow of $4.09 million. Trading volume for ether ETFs reached $1.18 billion, and net assets ended the day at $17.50 billion.

XRP and Solana Attract Capital

XRP ETFs received $18.04 million in net inflows, driven by Bitwise’s XRP fund ($11.54 million) and Franklin’s XRPZ ($6.50 million). Net assets for XRP funds closed at $1.65 billion. Solana ETFs added $13.77 million, with Fidelity’s FSOL contributing $6.74 million and Bitwise’s BSOL $3.94 million. Net assets for Solana funds finished at $1.73 billion.

Other Funds

HYPE ETFs recorded a net outflow of $1.58 million, leaving net assets at $505.07 million. ZEC ETFs showed no net movement, with assets at $977.43 million.

Outlook

Analysts note that bitcoin ETF year‑to‑date flows have turned positive after roughly $4.6 billion entered the products over the past month. The five‑day streak of inflows, exceeding $2.6 billion, suggests strong institutional demand, though market participants will watch whether the pace can be sustained as bitcoin consolidates near the mid‑$80 k range.